newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra
PSU Mantra

CPSEs have added over 20,000 new jobs

As part of Mission Recruitment, CPSEs have added over 20,000 new jobs since June last year, which will reflect in this year’s tally. In 2013, total number employed with PSEs stood at 20.3 lakh. The same number as on 2022 was 19.8 lakh, despite rationalisation in BSNL/MTNL and Air India’s disinvestment. Additionally, Several PSUs have in-fact reported increase in employee strength in 2022 over 2013, when UPA was in power. Like Indian Oil Corporation (increase of 79,828), Mahanadi Coalfields (36,418 additions), Nuclear Power Corporation (22,235 new employees), Northern Coalfields (incremental 17,674 jobs) and HPCL Rajasthan Refinery has added 16,422 new head count, among others.

Not just this, profit-making CPSEs have made a net profit of Rs 2.49 lakh crore in FY 2021-22 as against Rs 1.29 lakh crore in FY 2013-14, registering an increase of 93%.

Contribution of all CPSEs to Central Exchequer by way of excise duty, custom duty, GST, corporate tax, interest on Central Government loans, dividend, and other duties and taxes stood at rs 5.07 lakh crore in FY 2021-22 as against ?2.20 lakh crore in FY 2013-14, a steep jump of 130%.

Net worth of all CPSEs has increased from Rs 9.5 lakh crore as on 31st March, 2014 to Rs 15.58 lakh crore as on 31st March 2022, an increase of 65%.

Related posts

BHEL honoured by POWERGRID at the CEO Meet 2024

Newsmantra

Equipping MOIL employees with essential insights into managing contract labour

Newsmantra

Swachhta Hi Seva Abhiyan-2023 at NSIC

Newsmantra